NOT LISTED FOR SALE

511 E Kalama Ave Madison Heights, MI 48071

Estimated Value: $150,000 - $169,000

2 Beds
1 Bath
1,019 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $140,000 $137 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $940/month

20 Days on Market

Highlights

  • Ranch Style House
  • 1.5 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of March 2024

dorable 2 bedroom, 1 bath ranch in desirable Madison Heights! Nestled on a quiet street just north of 10 1/2 mile road, this historical home was moved from its original location in Detroit to Madison Heights in the 1940s. One original family has owned this house, and it's just waiting for a new homeowner to move in and build memories. Newer roof, newer furnace and central air, and all appliances are included. Mature landscaping, 1.5 car detached garage that has been converted into a man cave/she shed, complete with wood burning stove! Beautiful, large window in the living room allows lots of natural light. Conveniently located near parks and schools, minutes from major expressways, award winning restaurants, shopping and entertainment, this house is just waiting for you to make it your home!

Last Agent to Sell the Property

Erik Jurvis

DOBI Real Estate License #6501384505 Listed on: 02/13/2024

DOBI Real Estate

Last Buyer's Agent

Cody Roark

Epique Realty License #6501431532

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x108

Parking

  • 1.5 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,019 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Oaklawn Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2524307022
  • $4,200 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,043

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1940
  • State Equalized Value: 59690.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1019
  • Total Sq Ft: 1019

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madison (Madison Hts.)

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 40x108
  • Parcel Number: 2524307022

Tax Info

  • Tax Amount Summer: 962.0000
  • Tax Amount Winter: 81.0000
  • Total Tax: 1043.0000
  • Taxable Value: 22630.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 18, 2024
Sold by
Morgan Susan
Bought by
Vetor Russell E and Vetor Donna
Seller's Agent
Erik Jurvis
DOBI Real Estate
Buyer's Agent
Cody Roark
Epique Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Views
165
Current Estimated Value
$158,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,415
Avg. Annual Appreciation
8.83%
Original Mortgage
$126,000
Outstanding Balance
$124,151
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$34,264
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vetor Russell E $140,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vetor Russell E $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $140,000 +8.5% $137 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $129,000 -14.0% $127 / Sq Ft
02/13/2024 02/13/24 For Sale $150,000 -- $147 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,007 $66,240 $0 $0
2023 $962 $59,690 $0 $0
2022 $1,009 $53,870 $0 $0
2021 $984 $48,060 $0 $0
2020 $934 $44,180 $0 $0
2019 $1,013 $39,510 $0 $0
2018 $999 $28,480 $0 $0
2017 $969 $28,480 $0 $0
2016 $919 $25,880 $0 $0
2015 -- $22,460 $0 $0
2014 -- $19,180 $0 $0
2011 -- $25,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erik Jurvis

    Seller's Agent in 2024

    Erik Jurvis

    DOBI Real Estate

    (248) 739-6590

    13 in this area

    178 Total Sales

    Erik Jurvis
    Section Image

  • C

    Buyer's Agent in 2024

    Cody Roark

    Epique Realty

    (248) 636-6257

    2 in this area

    73 Total Sales

    Cody Roark
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240008038

Realcomp

APN: 25-24-307-022

Michigan Oakland County Madison Heights 48071

511 E Kalama Ave, Madison Heights, MI

This home is located at 511 E Kalama Ave, Madison Heights, MI 48071 since 13 February 2024 and is currently estimated at $158,415, approximately $155 per square foot. This property was built in 1940. 511 E Kalama Ave is a home located in Oakland County with nearby schools including Madison High School, Keys Grace Academy, and Calvary Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes